Orbit Business Incubator

Orbit Business Incubator

About

Orbit Business Centre is a Business Incubator which works with selected companies over a given period to improve their chances of success and accelerate their growth.

An Incubated business can reside within Orbit Business Centre for up to three years when the business has grown according to its objectives. For the 'Orbit Zone' {warm-desking area), the minimum term for occupation is oneI month and the maximum term will be one year. An Orbit Zone company can apply during or after the one year period for acceptance into the main incubation office space. Targets/objectives will be set with the business at entry stage which will be formally reviewed on a regular basis.

The entrance policy requires that businesses are:

two years old or less. Some businesses operating longer than this may be permitted if the business is going in an entirely new direction; or the business is new to Wales

genuine spin-outs of an existing enterprise with potential for growth into a sustainable company.

capable of job creation and that the owner should be have the drive and flair to ensure the business will succeed and

fit with the culture and aspirations of Orbit and is likely to make a significant long-term contribution to the economy of Merthyr Tydfil and Wales.